A staggering number of Nigerians
love Bitcoin, but
hate government cryptocurrency (CBDCs).
In April, leading cryptocurrency exchange KuCoin
noted that
35% of the adult population in Nigeria - roughly 34 million adults aged 18-60, own bitcoin or other cryptocurrencies. But when it came to the country's Central Bank Digital Currency (CBDC), the eNaira,
it was a massive failure.According to
Bloomberg,
only 1 in 200 Nigerians use the eNaira - despite government implemented discounts and other incentives, implemented as desperate measures to increase adoption.
Now, the government is looking to boost digital payments by limiting ATM withdrawals to just 20,000 naira,
or roughly US$45 per day, Bloomberg reports, citing a circular sent to lenders on Tuesday. The previous withdrawal limit was 150,000 naira (US$350).
Weekly cash withdrawals from banks are now limited (without fee) to 100,000 naira (US$225) for individuals, and 500,000 naira (US$1,125) for corporations. Any amount above this will incur a fee of 5% and 10% respectively.
Comment: No, this study proves that methane emissions are substantially NOT man-made. Could it be that there are other sources of methane that the researchers aren't accounting for? And that, for some as yet unknown reason, began surging in 2007 and spiked in 2020?
Most methane is actually released from the oceans - specifically, from stores of 'frozen' methane clathrate under the sea floor. Given that 2020 was a seminal year for human IN-activity, in terms of industry output and overall economic activity, then if there IS a 'human connection' to rising atmospheric methane levels, then it's more likely that 'pausing civilization' somehow translated into increased ruptures of methane clathrate inside the planet.